TAL
Company Description
Established in 2003 and headquartered in Beijing, People's Republic of China, TAL Education Group specializes in providing extracurricular academic support for K-12 students. The company's comprehensive tutoring programs cater to students from kindergarten through twelfth grade, encompassing a wide array of subjects such as mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese. Instruction is predominantly delivered through small-group classes operating under various brand names, including Xueersi, Xueersi Online School, First Leap, Tipaipai, Xiaohou AI, Xiaohoucode, Aiqidao, Mamabang, Kaoyanbang, and Shunshunliuxue. For those desiring tailored learning experiences, premium personalized services are offered via the Izhikang brand. Beyond its core educational offerings, TAL Education Group also manages jzb.com, a dedicated online learning platform. Its diversified business activities further extend to investment management and consulting, the development and sale of software and networking solutions along with related consulting services, and the distribution of educational resources and products.
Track Record
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.02B | 2.25B | 1.49B | 1.02B | 4.40B | 4.51B | 3.27B | 2.56B | 1.72B | 1.04B | 619.94M | 433.97M |
| Net Income | 532.73M | 84.59M | (3.57M) | (135.12M) | (1.14B) | (116.35M) | (110.17M) | 366.65M | 199.56M | 116.66M | 102.88M | 67.16M |
| EPS | 2.79 | 1.26 | -0.06 | -1.92 | -15.90 | -1.71 | -1.83 | 5.67 | 3.51 | 2.14 | 1.87 | 1.25 |
| Free Cash Flow | 510.17M | 285.66M | 184.88M | (102.97M) | (1.19B) | 708.99M | 667.79M | (160.65M) | 556.87M | 288.45M | 152.63M | 116.74M |
| FCF / Share | 2.68 | 4.22 | 3.15 | -1.47 | -16.73 | 10.56 | 10.29 | -2.43 | 8.79 | 4.94 | 2.71 | 2.16 |
| Operating CF | 603.71M | 397.92M | 306.17M | 7.36M | (939.18M) | 954.73M | 855.85M | 194.36M | 685.29M | 359.56M | 187.72M | 147.58M |
| Total Assets | 5.94B | 5.50B | 4.93B | 4.72B | 5.08B | 12.11B | 5.57B | 3.74B | 3.05B | 1.83B | 1.06B | 772.41M |
| Total Debt | 387.48M | 333.35M | 239.22M | 157.72M | 242.09M | 4.15B | 1.52B | 215.30M | 236.07M | 450.15M | 227.83M | 226.06M |
| Cash & Equiv | 1.52B | 1.77B | 2.21B | 2.02B | 1.64B | 3.24B | 1.87B | 1.25B | 711.52M | 470.22M | 434.04M | 470.16M |
| Book Value | 3.77B | 3.77B | 3.66B | 3.84B | 4.03B | 5.20B | 2.52B | 2.48B | 1.62B | 642.15M | 436.98M | 313.29M |
| Return on Equity | 0.14 | 0.02 | -0.00 | -0.04 | -0.28 | -0.02 | -0.04 | 0.15 | 0.12 | 0.18 | 0.24 | 0.21 |
| Metric | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 758.38M | 808.04M | 770.17M | 861.35M | 575.00M | 610.24M | 606.45M | 619.36M | 414.19M | 430.37M | 373.51M | 411.93M |
| Net Income | 408.01M | 246.51M | 130.59M | 124.08M | 31.28M | (7.31M) | 23.07M | 57.43M | 11.40M | 27.56M | (23.95M) | 37.90M |
| EPS | 2.22 | 1.35 | 0.72 | 0.66 | 0.16 | -0.11 | 0.33 | 0.84 | 0.17 | 0.39 | -0.36 | 0.56 |
| Free Cash Flow | N/A | (308.54M) | 526.74M | (58.09M) | 347.79M | (338.06M) | 378.04M | (576,000) | 246.79M | (136.48M) | 247.12M | (42.72M) |
| FCF / Share | N/A | -1.67 | 2.85 | -0.31 | 1.72 | -5.01 | 5.59 | -0.01 | 3.71 | -2.02 | 3.75 | -0.65 |
| Operating CF | N/A | (214.54M) | 526.74M | (58.09M) | 347.79M | (226.33M) | 378.04M | (576,000) | 246.79M | (23.75M) | 247.12M | (42.72M) |
| Total Assets | 6.77B | 5.94B | 5.92B | 5.45B | 5.72B | 5.50B | 5.79B | 5.34B | 5.30B | 4.93B | 4.91B | 4.58B |
| Total Debt | 405.52M | 387.48M | 377.35M | 373.33M | 373.84M | 333.35M | 381.09M | 348.29M | 345.73M | 239.22M | 214.46M | 172.59M |
| Cash & Equiv | 1.64B | 1.52B | 2.15B | 1.54B | 1.27B | 1.77B | 2.24B | 2.09B | 2.22B | 2.21B | 2.19B | 2.20B |
| Book Value | 4.08B | 3.77B | 3.50B | 3.44B | 3.57B | 3.77B | 3.77B | 3.76B | 3.68B | 3.66B | 3.62B | 3.60B |
| Return on Equity | 0.10 | 0.07 | 0.04 | 0.04 | 0.01 | -0.00 | 0.01 | 0.02 | 0.00 | 0.01 | -0.01 | 0.01 |
